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Paralegal Exam Prep

Category - Legal Envrmt

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Under which theory of social responsibility would corporations, for example, have a duty to subsidize schools and help educate children?
  1. Fundamentalism
  2. Pragmatism
  3. Relativism
  4. Utilitarianism
  5. Corporate citizenship
Explanation
Answer: E. Corporate citizenship is the theory of social responsibility under which corporations, for example, have a duty to subsidize schools and help educate children. Consumer demand for corporate citizenship can lead to boycotts and loss of investors. Many companies actively publicize their initiatives that demonstrate social responsibility.
Category: Legal Environment
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